Earnings Outlook For Southside Bancshares

Southside Bancshares SBSI is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Southside Bancshares to report an earnings per share (EPS) of $0.73.

Investors in Southside Bancshares are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.17, leading to a 1.13% drop in the share price the following trading session.

Here's a look at Southside Bancshares's past performance and the resulting price change:

Market Performance of Southside Bancshares's Stock

Shares of Southside Bancshares were trading at $33.66 as of October 22. Over the last 52-week period, shares are up 19.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Southside Bancshares visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.